Ex-Brazil finance minister says Ambev bribed two former presidents: report [Reuters]
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US:NYSE Investor Relations: ri.ambev.com.br/mobile/default_mobile.asp?idioma=1&conta=44
Ex-Brazil finance minister says Ambev bribed two former presidents: report RIO DE JANEIRO (Reuters) - A jailed former finance minister in Brazil has said in plea bargain testimony that beverage giant Ambev SA ( ABEV3.SA Brazilian newspaper Estado de S. Paulo, citing confidential court documents, said former Finance Minister Antonio Palocci told federal police he also personally received payments from the company that he said were aimed at preventing an increase in beverage taxes. The newspaper said it was the first time Ambev, the Latin American and Canadian subsidiary of Anheuser Busch Inbev NV ( ABI.BR Ambev shares were down 2.3% in early trading on the Sao Paulo stock exchange. Representatives for the company did not immediately respond to a request for comment. Reporting by Gram Slattery; Editing by Steve Orlofsky Our Standards: The Thomson Reuters Trust Principles.
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ABEV
News
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was upgraded by analysts at Barclays PLC from an "underweight" rating to an "equal weight" rating.MarketBeat
- Brazil's Ambev decides not to use brands in Copa America [Reuters]Reuters
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) had its "market perform" rating re-affirmed by analysts at Itau BBA Securities. They now have a $3.60 price target on the stock.MarketBeat
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was downgraded by analysts at Itau BBA Securities from an "outperform" rating to a "market perform" rating. They now have a $3.60 price targeMarketBeat
- Ambev S.A. (<a href="https://www.marketbeat.com/stocks/NYSE/ABEV/price-target/">NYSE: ABEV</a>) was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating.MarketBeat
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ABEV
SEC Filings
- 6/11/21 - Form 6-K
- 6/11/21 - Form 6-K
- 6/10/21 - Form 6-K
- ABEV's page on the SEC website
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